The left column, a lot of those names in the green. Banking names as well. The rest of the region still seeing a lot of pressure. The split is tilted towards more downside. In terms of the sector groups as well, the similar to what we have seen. Youre getting a lot of upside in names like resources, banks, financials are seeing pressure overall. Down for a sixth straight session. 25 from the peak a couple of eci weeks ago. Yvonne back from the slopes. And back in hong kong. Steve, we have been talking about that pivot from President Trump. Painting a dire outlook on this outbreak in the u. S. Why . Wasell, i hope that he looking at the data and also seeing what other, even local news abilities are doing in the United States, cites and states aswell cities and well those in europe and they are taking this very seriously. And donald trump says it is bad. He repeated that. Its bad, its bad. He said this could last until august or even later. Hes calling it an invisible lining. Yo enemy. Y
Americans, its bad. The infection adds to the oil slump. Shery lets get you started with a quick check of the markets. We were seeing earlier losses gaining three tents of 1 , but its still early in trading coming off the worst day again since 1987 and losses accelerating and falling to session lows. President trump talked about economic disruption lasting well into the summer. The dow now falling to the lowest level in two years. Losse talking about a 30 since the peak in february. We are seeing the Downside Pressure with the s p 500 index. Every sector on the s p in the red with losses of at least 7 . Financials and real estate leading the declines. , fallingave small caps more than 12 . U. S. Futures at the moment, a little upside. Up 6 10 of 1 . We will see how things shape up as the asia session gets underway. Amid thesia wideranging meltdown with more central bank rates, moving to boost liquidity we had on monday. The bank of korea delivering a 50 basis point cuts in emerging mee
Hello, and welcome to bbc news. The European Central bank has announced it will pump three quarters of a trillion euros, around 820 billion, into the Financial System by buying up government and company debt. The move came after an emergency meeting following more chaos on Financial Markets. The ecb say the bond purchases will continue until the crisis phase of the coronavirus pandemic is over. Markets in asia reacted positively to the announcement, but that didnt last long. Lets go to singapore for the details. Lets get some reaction from shara njit leyl in singapore. The positivity did not last long at all . Absolutely not, in spite of all those stimulus measures implemented globally, that didnt actually see markets open positively initially but they are all lower now and that is after the European Central banks latest promise of stimulus only briefly comforted investors here, a lot of them are worried about the economic fallout from the coronavirus, the ecb pledging billions. Christ
Iraq. Frances Defense Ministry released video of a fleet of jets attacking what Officials Say was an isis Logistics Warehouse. It was frances first air strike against isis in iraq. Cnns anna kcoren has more from erbil. Reporter president obamas Global Coalition is already taking action with the french launching their first air strike here in iraq. French president Francois Hollande announced an isis Logistics Warehouse in northeast iraq was hit and destroyed by one of its fighter jets. It follows his visit to iraq last week committing his country to air strikes and military assistance but only in iraq. For the past six weeks the United States has been the only nation launching air strikes which have made a big impact on the battlefield. Providing that essential cover for kurdish and Iraqi Ground Forces while taking out enemy positions, military equipment and armored vehicles. U. S. Central command says 176 air strikes have been launched so far. Officials here hoping to see an intensifi
The inaction of the Philippine Stock Exchange (PSE) regarding trading irregularities involving Abra Mining and Industrial Corp. has raised concerns among market investors, leading to discussions in various chat groups. And the issues that are discussed in these chat groups show how the PSE officialdom has apparently forgotten its mandate…